The U.S. Public Company Accounting Oversight Board (PCAOB) published reports on inspections of two accounting firms that audited 40% of the total market share of U.S.-listed companies audited by Hong Kong and mainland firms. The reports noted "unacceptable rates" of deficiencies, as the audit firms

After the news broke that the European Commission proposed to sanction multiple Chinese companies over their sales to Russia, several Chinese officials pushed back against this proposal at various events this week, and warned of taking "necessary measures" to protect Chinese firms.

Following up on a virtual meeting with his Chinese counterparts in February, and an invitation issued then to meet in person in China, Australian Trade Minister Don Farrell announced today that he was visiting China to discuss various trade issues with his Chinese counterparts.

A Chinese official from the Ministry of Commerce recently criticized the 2023 Special 301 Report published by the Office of the United States Trade Representative, calling it "lacking in objectivity and fairness."

China's Customs agency released trade data for April, showing a decline from the previous month in both imports and exports. But measured in terms of a year-on-year comparison, exports grew slightly while imports declined. In addition, the data shows that China's trading patterns with most major

According to a Chinese industry report, the Chinese government provided a total of 12.1 billion yuan (US$1.75 billion) to 190 domestically listed firms in the semiconductor supply chain, with over 40% going to ten companies. In the meantime, these companies are also spending a lot on R&

Chinese battery company Putailai New Energy Technology (PTL) announced that it will build a facility in Sweden to be part of the battery production supply chain in the region.